Found this: http://www.autoindustry.co.uk/news/04-01-06_11

>From another source talking about the US Spartanburg plant "From 2008, BMW
will add a third new model; as mentioned elsewhere in this report, the model
will be a 'combination of sports car, coupi and sports activity vehicle'.
This will be called V7 or V5."

My personal view is that a new Triumph from BMW is unlikely.

I think the other 'Triumph' company referred to is
http://www.newtriumph.co.uk/

Pat

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